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IN RE 222 LIBERTY ASSOCIATES

Bankruptcy No. 88-11535S, Adv. No. 88-2122S.

94 B.R. 381 (1988)

In re 222 LIBERTY ASSOCIATES, Debtor. 222 LIBERTY ASSOCIATES, Plaintiff, v. PHILADELPHIA ELECTRIC COMPANY, Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

December 22, 1988.

Attorney(s) appearing for the Case

Craig R. Tractenberg, Philadelphia, Pa., for debtor.

T.H. Maher Cornell, Philadelphia Elec. Co., Philadelphia, Pa., for defendant.

OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

The instant proceeding requires us to apply a factual record established by oral stipulation to a relatively obscure Code section in issue, a difficult combination of tasks. The Code section in issue, 11 U.S.C. § 549(b), concerns treatment of post-petition transfers made by debtors during the "gap" period between the filing of an involuntary bankruptcy petition and the entry of an order for relief. We conclude...

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